Uber and Grab no more? LTFRB needs brains

[ice15]

kailan naging hi end auto ng uber bro? noon pa naman vios, mirage etc. (and some compact cars and auv) ang uberx; uber black ba sub compact narin gamit?

Not sure kung meron Uber Premium dyan (high end car)
But pwede ka din i-pick up ng Uber Premium kahit UberX hanap mo (kung mahina pasada) - happened to us twice, X4 and A5 (I'm based in SG)

So kung ayaw mo ng Mirage/Wigo, you can book a better car... Mas mahal lang...

In SG, UberFlash is the cheapest... Pero baka taxi ang dumating. (Binili ng Comfort ang 51% ng Uber,if you can't beat them, buy them!)

[uls]

Uber will give up on Southeast Asia

[uls]

Uber is preparing for IPO next year

they have to make themselves look good (financially) for IPO

they've been burning cash since birth

need to focus on core markets nalang

stop some of the bleeding by leaving southeast asia

[Monseratto]

Still a rumour...


https://www.cnbc.com/2018/02/16/uber...t-to-grab.html

https://www.bloomberg.com/news/artic...-asia-business

In a surprising turn of events, dominant ride-hailing service Uber will exit the Southeast Asian market and sell its regional operations to rival Grab. In return, Grab will sell a stake in its company to Uber. It’s rumored that Uber will buy as much as 20% of Grab.

The agreement will be similar to the deal Uber had with Chinese ridesharing company Didi Chuxing in 2016, when the former sold its China operations to Didi in exchange for a stake in the company.

“I give Grab a lot of credit for executing well. They understand the local context better. Uber has been more about duplicating whatever they do in other parts of the world, and adapting a little bit,” said Zafar Momin, associate professor at Nanyang Technological University in Singapore.

[uls]

Uber’s global domination ambition ends

Thought they could just go into any city in the world and break local regulations

With their easily replicable business model

It was inevitable that homegrown ride hailing companies with more local knowhow and willingness to work with regulators will beat Uber at their own game

Go home Uber

Thank you SoftBank

For forcing Uber out of SEA

[_Cathy_]

This makes me sad I felt so liberated when uber came into the market. I was able to commute on my own in a safe and comfortable manner.

I am glad I did not listen to my kuya when he told me to sell my car and just use uber on coding days.